Premier League side Wolverhampton Wanderers have pulled out of the race to sign West Bromwich Albion striker Salomon Rondon, according to reports from Football Insider.

The 29-year-old is a player in serious demand, after a hugely impressive time on loan with Newcastle United last season.

The Venezuelan forward scored 12 goals in 33 appearances for the Magpies in all competitions, and Rafael Benitez is reportedly keen on bringing the striker back to St. James' Park next term.

West Ham United and Wolves have also been credited with an interest in the striker, who has a £16.5million release clause in his contract after parent club West Brom failed to win promotion to the Premier League last season.

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But, according to reports from Football Insider, Nuno Santo's side are now set to look elsewhere, with Rondon's wage demands being too expensive for the West Midlands side this summer.

Regardless of who looks to sign Rondon to this summer, West Brom's chances of keeping hold of the player look to be very slim, as new manager Slaven Bilic looks to guide them back into the top-flight next term.

The Verdict

This could be quite worrying for West Brom - Wolves have been known for being quite rich over the last couple of years, but if they can't afford a deal for Rondon, then who can?

Albion will probably be resigned to losing him this summer, the £16.5million will be beneficial as Bilic looks to rebuild his squad this summer.

I can see him moving abroad, as he looks to pick up from where he left off last season.